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CONSOLIDATED STATEMENTS OF OPERATION (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue    
Oil and gas operations, net of royalties$ 313$ 349$ 873$ 950
Real estate operations6907632,1522,217
Revenues1,0031,1123,0253,167
Operating expenses    
Oil and gas operations3253201,025992
Real estate operations4403301,1511,023
Lease expense192211576684
Corporate general and administrative101124351447
Accretion of asset retirement obligation32309690
Operating Expenses1,0901,0153,1993,236
Operating earnings (loss)(87)97(174)(69)
Other income (expense)    
Interest income121122360375
Interest expense(31)(31)(93)(93)
Gain on sale of assets, net   10
Other income (expense), net(60)013(350)
Income/(Expense)3091280(58)
Net income (loss) applicable to common shares$ (57)$ 188$ 106$ (127)
Net income (loss) per common share-basic and diluted$ (0.03)$ 0.10$ 0.05$ (0.07)
Weighted average common and equivalent shares outstanding - basic1,9471,9471,9471,947